The steelmaker’s CEO says his partner still plans to add capacity but is “having second thoughts” about the scope and location of the plan announced last summer. Cleveland-Cliffs Inc. executives will ...

Cost containment continues at Cleveland-Cliffs Inc. (NYSE: CLF), which announced it will no longer pursue development of a transformer plant in Weirton, West Virginia. Cliffs said late Wednesday, May ...

A Steelton rail facility is among six Cleveland-Cliffs plants that will be partially or fully idled in a cost-cutting move.

The moves mean nearly 1,000 people will lose their jobs. Executives say they’ve been asked about selling assets that could ...

It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...

In an earnings call today, company officials elaborated on their reasoning, saying abandonment of the project would result in ...

As the news of Cleveland-Cliffs' plans to cancel the transformer plant in Weirton made its way across the country, including to the nation’s capital, elected officials from West Virginia are ...

Some Republicans in the U.S. House of Representatives have proposed reducing or eliminating the 90% match for states — such ...

The future of the proposed transformer manufacturing facility in Weirton is facing uncertainty after union leaders learned that the project is facing major ...

Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced ...